First Trust Consumer Discretionary AlphaDEX Fund | (FXD) |
| First Trust Consumer Staples AlphaDEX Fund | (FXG) |
| First Trust Energy AlphaDEX Fund | (FXN) |
| First Trust Financials AlphaDEX Fund | (FXO) |
| First Trust Health Care AlphaDEX Fund | (FXH) |
| First Trust Industrials AlphaDEX Fund | (FXR) |
| First Trust Materials AlphaDEX Fund | (FXZ) |
| First Trust Technology AlphaDEX Fund | (FXL) |
| First Trust Utilities AlphaDEX Fund | (FXU) |
|
|
|
| First Trust Large Cap Core AlphaDEX Fund | (FEX) |
| First Trust Mid Cap Core AlphaDEX Fund | (FNX) |
| First Trust Small Cap Core AlphaDEX Fund | (FYX) |
| First Trust Large Cap Growth Opportunities AlphaDEX Fund | (FTC) |
| First Trust Large Cap Value Opportunities AlphaDEX Fund | (FTA) |
| First Trust Multi Cap Growth AlphaDEX Fund | (FAD) |
| First Trust Multi Cap Value AlphaDEX Fund | (FAB) |
|
|
|
|
|
|
| First Trust S&P REIT Index Fund | FRI |
These were supposed to list last week but are now scheduled for today. I will check out the sector funds and the small cap value.
While there are plenty of funds due to come and plenty have listed recently it seems like there have been a lot that are just mild tweaks to existing products which is tough to get excited about.
A couple of the StateStreet funds that just listed are interesting as is the Market Vectors Russia ETF (RSX). I tend to lean favorably to WisdomTree's funds and they have a bunch in the pipeline and five in particular that are supposed to list soon.
Claymore is supposed to list a new water ETF any day now (I will have more on this when it comes) that will be very different from PowerShares Water (PHO), which is a client and personal holding. The Claymore Water ETF will own foreign companies, I believe there will be no US stocks. If you know your water you won't surprised to know that France is the largest country in the fund. PHO is about 15% foreign.
First Trust also has a water ETF coming that is based on the ISE Water Index (might not be the exact name) but the overlap between this and PHO is extensive.
7 comments:
I believe the Claymore water ETF will hold some US stocks, but the idea is to take a far more global approach than any other water ETFs in the marketplace.
Roger,
Did you learn anything more about JGT (think you were going to spaek to Nuveen)?
http://www.cxoadvisory.com/gurus/
Bill Cara, to his credit, posted the above web site. According to the website his market forecasting has been wrong two thirds of the time. On individual issues, though, I suspect his readers have greatly benefited. Cara falls into the camp of at least sounding like he is making big bets on market direction. Since may of last year he has been very bearish. Actual portfolio adjustments are not part of his commentary. And, I, personally favor information about portfolio management as much as anything else. Cara's followers are exceptionally bright and well informed, but I have to wonder about if there exists the risk of putting a greater premium on loyalty to a single view or excitement about a few stock trades than watching how their bottom line compares to the s&p. I'm reminded of the mid 90's when bears were steadfast and stayed in large amounts of cash or gold. Many capitulated in the late 90's only to get hurt shortly afterwards. Roger is so right on the big bet issue. I'm finding that big bets can end up like ballast shifting mercilessly. Emotions can play havoc. I confess that I can be guilty of careening from the goal of protecting capital to the goal of capitalizing as much as possible. Not everyone has the steady nerves of a Hussman who does not forget his original goal. Well, that's my rant and implicit wish to change my ways.
to 8:43 anon, thank you for sharing. all investors face dilemmas and occasionally poor decisions get made. While this is unavoidable, just being aware of this helps over the long run.
i adressed the other two comments in my next post.
Cara is a great stock picker and very talented at picking bottoms on individual stocks. Big money can be made if you do that right - like CSCO in the late summer 2006.
Just ignore the big picture stuff.
Enough of Bill Cara. Only He will never tire of his self-serving dogma.
His Highness posts such a volume of stats and opinions on his site, odds are he has to be right some of the time.Give darts to a monkey and let him fling a few at the WSJ and the chimp will score some winners.
I'll put my bet on the monkey over an ass anytime.
For the full review of Bill Cara’s forecasting prowess, the link is:
http://www.cxoadvisory.com/gurus/cara/default.asp
Cara’s technique of assembling a list of high quality companies, then buying on dips, is not original to Bill Cara. The method has been used for decades, and has been publicly demonstrated by Robert Drach on PBS for about 15 years. Drock gives specific examples and has a provable track record. I don’t thing Cara gives many real time examples, nor does he have a trackable portfolio. (Could be wrong here.)
If anyone wishes to know more about Drach (and avoid the BS from Cara) the PBS link can be found here:
http://www.pbs.org/nbr/site/about/bio/rdrach/
From the bio, follow the link to the model portfolio. Drach appears, occasionally, on the Friday “Market Monitor” segment at Nightly Business Report. No need to watch the show, transcripts are on the web site a few hours after the show airs.
Post a Comment